PPP Loan information for Reds auto inc

$27,600

Reds auto inc was initially approved for PPP Loan of amount $27,600, the current approved amount is $27,600. The loan was approved on 04/04/2020 by The Security Federal Bank reported 5 jobs and $27,600 was used to fund payroll.

Reds auto inc is Existing or more than 2 years old

PPP Loan Search / SC / NORTH AUGUSTA / Reds auto inc

REDS AUTO INC

Date Approved

04/04/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

REDS AUTO INC

Borrower Address

641 Edgefield Rd

Borrower City

NORTH AUGUSTA

Borrower State

SC

Borrower Zip

29841-2416

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27600.00

Current Approval Amount

27600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88630

Servicing Lender Name

Security Federal Bank

Servicing Lender Address

238 Richland Ave NW

Servicing Lender City

AIKEN

Servicing Lender State

SC

Servicing Lender Zip

29801-3866

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTH AUGUSTA

Project County Name

AIKEN

Project State

SC

Project Zip

29841-2416

CD

SC-02

Jobs Reported

5

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

27600.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

88630

Originating Lender

Security Federal Bank

Originating Lender City

AIKEN

Originating Lender State

SC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

27752.57

Forgiveness Date

11/02/2020

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